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Stock impact report

SharkNinja Reports Third Quarter 2024 Results

SharkNinja, Inc. Ordinary Shares (SN) 
Last sharkninja, inc. ordinary shares earnings: 11/1 06:00 am Check Earnings Report
US:NYSE Investor Relations: sanchezenergycorp.com
Company Research Source: Business Wire
Raises Fiscal Year 2024 Outlook on Key Metrics NEEDHAM, Mass.--(BUSINESS WIRE)--SharkNinja, Inc. (“SharkNinja” or the “Company”) (NYSE: SN), a global product design and technology company, today announced its financial results for the third quarter ended September 30, 2024.Highlights for the Third Quarter 2024 as compared to the Third Quarter 2023Net sales increased 33.2% to $1,426.6 million and Adjusted Net Sales increased 34.9% to $1,426.6 million.Gross margin and Adjusted Gross Margin increased 320 and 160 basis points, respectively.Net income increased 606.8% to $132.3 million. Adjusted Net Income increased 28.2% to $170.5 million.Adjusted EBITDA increased 25.7% to $262.4 million, or 18.4% of Adjusted Net Sales.Mark Barrocas, Chief Executive Officer, commented: “SharkNinja delivered another quarter of outstanding top and bottom-line performance, demonstrating the continued success of our three-pillar growth strategy. Our robust innovation pipeline, unparalleled consumer insight Show less Read more
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